Question: Question 1 (1 point) If the Fed increases reserve requirements, what will be the most likely result on the economy? Question 1 options C an

Question 1 (1 point) If the Fed increases reserve requirements, what will be the most likely result on the economy? Question 1 options C an increase in output and an increase in the price level an increase in output and a decrease in the price level C a decrease in output and an increase in the price level a decrease in output and a decrease in the price level

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7. What is the extent (percentage) of errors detected in the information collected?

8. What are the costs of collecting the information?

6. How great is the time-lag between when an event occurs until we get information about it?